Trump demands end to ‘unfair’ trade after G7 summit

10 June 2018, 03:31 | Devin Moran

GETTYMrs May will try to persuade Donald Trump to reverse his steel and aluminium tariffs

Ahead of the meeting, Trump already set a hostile tone on his Twitter profile, lashing out against Canadian Prime Minister Justin Trudeau over fees on dairy products, calling him indignant, in addition to criticising unfair tariff barriers. Commerce Secretary Wilbur Ross said the tariffs on the former two countries were due to a lack of progress in NAFTA talks.

President Donald Trump departed the Group of Seven summit early Saturday without making any trade concessions and declared the leaders of the industrialized countries have treated the United States as "piggy bank" to be robbed.

Trump had told Trudeau any retaliation would be a mistake and the prime minister agreed that it was "not something we want to do".

But by insisting on re-negotiating every five years, Trump is diametrically opposed with Canada, which says the sunset clause would create perpetual uncertainty and harm long-term investment.

The Trudeau government has told President Donald Trump he needs to get rid of the punishing USA tariffs on Canadian steel and aluminum if there is any hope of successfully renegotiating the North American Free Trade Agreement.

Trump withdrew the U.S. from the Paris climate accord and his attendance of a G7 session on the issue was in question well into the last minute.

US President Donald Trump has planned to leave the summit of the Group of Seven wealthy nations before it discusses climate change and the health of oceans, underlining fractures in the G7 exacerbated by US trade tariffs.

Russian Federation was thrown out of the group in 2014 over the annexation of Crimea.

He said he suggested cutting all of the tariffs, duties and even government subsidies among the G7 countries, and said other leaders would "go back to the drawing board and check it out".

President Donald Trump is defending his decision to constantly bash the press - both at home and on foreign soil - as he participates in his first solo news conference in more than a year. "I guess they are going to go back to the drawing board and check it out", Trump said.

"The United States has been taken advantage of for decades and decades", Trump said at a press conference on the second day of a two-day summit in Canada.

But, he said, the US could no longer tolerate "brutal" deals, even threatening to tear up the North American Free Trade Agreement if he didn't get his way. I think it would be good for the United States.

French President Emmanuel Macron, who has previously described Trump as a "friend", said conversations should remain police but still repudiated the new policies.

In public, Trump bantered easily with his fellow leaders, but the meeting came at a tense moment in the relationships, with allies steaming over Trump's new tariffs on imported steel and aluminum from Canada, Mexico and the European Union.

"President Trump is targeting the dairy sector because he wants to dump USA dairy into Canada", Lampron told The Canadian Press, adding that Canada imports five times more dairy from the US than it exports.

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